San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Sunverge Energy is raising $20,359,449.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Martin Milani played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Sunverge Energy
Sunverge Energy is a California-based company that optimizes the value of renewable energy by leveraging the practical advantages of distributed generation, storage, and software-as-a-service. Sunverge serves its thousands of customers by adopting a cloud-services delivery model for energy. Each SIS storage appliance provides power and energy services at the site where it is deployed. At the same time, reserve energy from every SIS under management is aggregated and pooled in the cloud. From this virtualized pool, utilities and third-parties can reserve energy in advance, and can also request energy in real-time. Sunverge cloud energy services work continuously to balance grid demands by shifting resources to where they are needed most, optimizing how energy is captured and delivered.

To learn more about Sunverge Energy, visit http://www.sunverge.com/

Contact:
Martin Milani, Chief Executive Officer
209-931-5677
mmilani@sunverge.com
https://www.linkedin.com/in/martinmilani/

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